Core Insights - TE Connectivity (TEL) is expected to report quarterly earnings of $2.54 per share, reflecting a 30.3% increase year over year, with revenues projected at $4.51 billion, a 17.5% year-over-year increase [1] Earnings Estimates - Changes in earnings estimates are crucial for predicting investor reactions, with empirical studies showing a strong correlation between earnings estimate revisions and short-term stock performance [2] - The consensus EPS estimate for the quarter has remained unchanged over the last 30 days, indicating stability in analysts' projections [1] Key Metrics Projections - Analysts expect 'Net Sales- Transportation Solutions' to be $2.34 billion, a 4.5% increase year over year [4] - 'Net Sales- Industrial Solutions' is forecasted to reach $2.16 billion, indicating a significant 35.7% increase from the previous year [4] - 'Net Sales- Industrial Solutions- Medical' is estimated at $146.72 million, reflecting a slight decline of 2.8% year over year [4] - 'Net Sales- Transportation Solutions- Automotive' is projected at $1.79 billion, a 3.9% increase from the prior year [5] - 'Net Sales- Transportation Solutions- Sensors' is expected to be $212.30 million, showing a 1.6% year-over-year increase [5] - 'Net Sales- Industrial Solutions- Energy' is anticipated to reach $373.91 million, a substantial increase of 73.1% from the previous year [6] - 'Net Sales- Transportation Solutions- Commercial transportation' is projected at $331.15 million, indicating a 6.1% increase year over year [6] Operating Income Estimates - The consensus estimate for 'Adjusted Operating Income- Transportation Solutions' is $501.56 million, compared to $478.00 million reported in the same quarter last year [7] - Analysts estimate 'Adjusted Operating Income- Industrial Solutions' at $452.26 million, up from $267.00 million reported in the same quarter of the previous year [7] Stock Performance - TE Connectivity shares have increased by 6.5% over the past month, outperforming the Zacks S&P 500 composite, which moved up by 1.6% [8] - The company holds a Zacks Rank 3 (Hold), suggesting it is expected to perform in line with the overall market in the near future [8]
Stay Ahead of the Game With TE Connectivity (TEL) Q1 Earnings: Wall Street's Insights on Key Metrics